David Burton
David Burton
based continue decent domestic driven expected firmly growth level pace recovery rest year
Japan's recovery is really firmly based and it is driven by domestic demand. For the rest of Asia, the pace of growth is expected to continue at a decent level this year and next.
certainly economic light performance revised strong
I think it (Japan's economic outlook) will certainly be revised upwards, probably significantly, in light of the strong performance recently.
appears bank decide deflation err increases inflation interest japan placed rate side timing
Deflation appears to have ended, but inflation is still very low. The Bank of Japan is better placed to decide what the appropriate timing of interest rate increases should be. Our recommendation would be to err a little on the side of caution.
nature occurred point
It also occurred to me, what's the nature of the emergency? They did not point that out.
effect negative property provide request surprised value
I'm not surprised they filed (the request to dismiss). I think we will be able to show that (the development) will have a negative effect on their property value and that will be enough to provide them with standing.
capacity certain excess growth higher investment leads loans mean medium run short wrong
What leads to higher growth in the short run could lead to difficulties in the medium term. It could mean too much investment in the wrong places, excess capacity in certain sectors,non-performing loans for the banks.